S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery
JetBlue Airways Corporation
JetBlue Airways Corporation JBLU | 0.00 |
June 8 (Reuters) - Global ratings agency S&P said on Monday it had downgraded JetBlue Airways JBLU.O to "CCC+" from "B-," pushing the carrier further into junk territory as high jet fuel costs hamper its recovery.
